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<p>[QUOTE=&quot;troyheights, post: 310639, member: 11271&quot;]I think the advice about selling a few coins is excellent.&nbsp; I believe many new collectors view coin collecting and coin investing as interchangeable terms.&nbsp; </p><p>Most do not understand that when you buy a coin at market price, say $100, that the market price needs to head north of $130 before you can easily get your $100 back (and, yes, there are many factors that can move that $130 up or down some).</p><p>I recall a recent post here on cointalk where a guy seemed to feel a dealer offering $140 for something the dealer sold at $180 was not very good (the $ figures may not be exact).&nbsp; Well, if he does do ebay or some other such thing, there are a lot of costs he will learn about and that $40 spread wont seem quite so large then.</p><p><br /></p><p>Concerning market trends:&nbsp; While I think most people who spend $20k on a boat are not especially surprised if they sell it after five years and only get $12k for it; I suspect most new collectors would be shocked to learn the same thing can happen with coins.</p><p><br /></p><p>&quot;As to the length of time a typical collector stays involved with the hobby... three years was about average&quot; - Q. David Bowers, The Experts Guide to Collecting &amp; Investing in Rare Coins. This would suggest to me, that learning what is involved in selling your coins is not simply good advice, but essential advice.[/QUOTE]</p><p><br /></p>

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